Brian, I’ve drunk your Kool aid! Thank you for honesty and transparency – it really gives me hope. Quick question: I am beyond passionate about a niche (UFOs, extraterrestrials, free energy) and know in my bones that an authority site is a long term opportunity. The problem today is that not many products are attached to this niche and so it becomes a subscriber / info product play. However, after 25+ years as an entrepreneur with a financial background and marketing MBA, am I Internet naive to believe that my passion and creativity will win profitability in the end? The target audience is highly passionate too. Feedback?

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Now is also the time to pay down or set up payment plans for any debts you may have. Credit card debt should be eliminated as soon as possible because of the high interest rates. If you have student loan debt, you can set up a payment plan or open a special account for your payments so you don’t have to stress if you start digging into savings when you’re travelling. If you have a car, think about selling it. Remember, you won’t be using it in the long term, and you’ll also save more money in the short term by not having to pay for gas, maintenance, registration or insurance.

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If you're wondering what a sales funnel is, simply imagine a real-world funnel. At the top of that funnel, some substance is poured in, which filters down towards one finite destination. In sales, something similar occurs. At the top, lots of visitors arrive who may enter your funnel. However, unlike the real-world funnel, not all who enter the sales funnel will reemerge out from the other end.

What is a vagabond lifestyle

You probably visit at least a few sites that are relevant to your business on a regular basis, so why not join the conversation? Commenting doesn’t necessarily provide an immediate boost to referral traffic right away, but making a name for yourself by providing insightful, thought-provoking comments on industry blogs and sites is a great way to get your name out there – which can subsequently result in driving more traffic to your own site. Just remember that, as with guest posting, quality and relevance are key – you should be engaging with other people in your niche, not dropping spam links on unrelated websites.

How do you promote your website

Now that you have an income stream set up, it’s time to escape the rat race and set out toward your first destination. From America and Europe to Asia, Africa and Latin America, the possibilities are endless, and deciding on one can be overwhelming. You’ll need to be honest with yourself about the things you need from a location to be happy. If you’re realistic about your income and needs, you’ll find a great place to live. Remember that since you are a digital nomad, you can always change your mind if you don’t like where you’ve landed, or just need a change of scenery.

Another great source of passive income is to start a blog. If you understand the mechanics of marketing online and you do this correctly, you can create a blog that will continue to produce income even if you're not doing any work. The more niche you go with your blog, the better. Search for blue oceans. Not red ones. Consider the fact that you'll eventually want to put out digital products that are in harmoney with whatever it is you're blogging about.

Because your site likely has a really low score, you’ll want to start targeting relevant keywords and phrases—but don’t go for the big ones like “business ideas” because you’ll have an incredibly hard time ranking for those top-level keyword phrases. Instead, aim for long-tail keyword phrases, like “monthly web hosting plans” and you'll have a better chance at ranking—fun fact: that’s a real example of a long-tail keyword I use for my blog.